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SMM July 3 Lithium Iron Phosphate spot Express: July Power and Energy Storage Market orders increased but Lithium Iron prices continued to be under pressure
Jul 3,2020 14:58CST
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Source:SMM
SMM July 3 Lithium Iron Phosphate spot Express: today's market price of Lithium Iron Phosphate is 3.45-37000 yuan / ton, with an average price of 35750 yuan / ton. this week, the price of lithium carbonate is basically stable, and the demand for lithium iron in the head power battery factory has increased, but the market demand is still lower than that of supply. The price of energy storage is 2.8-33500 yuan / ton, and the average price is 30750 yuan / ton. the competition in the energy storage market is fierce, and the price remains low.
The content below was translated by Tencent automatically for reference.

SMM July 3: today's lithium iron phosphate power market price 3.45-37000 yuan / ton, the average price 35750 yuan / ton, July power market orders increased, but market demand is still less than supply, low price drop. The price of energy storage is 2.8-33500 yuan / ton, the average price is 30750 yuan / ton, and the price remains low.

In the power market, the price of lithium carbonate is basically stable this week, the demand for lithium iron in the head battery factory has increased, and the purchase volume in July is higher than that in June, but the battery factory has strong bargaining power, and the price of lithium iron continues to be under pressure.

In the energy storage market, the bidding for 5G base stations has been completed, and battery factories have purchased iron lithium materials one after another. the energy storage market has low requirements for the quality of iron lithium, and the market competition is fierce. The price of some manufacturers using iron phosphate has dropped to less than 30,000 yuan / ton.

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